Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
Subtuppel
on 01/05/2014, 22:47:53 UTC
Hi guys.. been lurking for awhile now. Fairly new to this crypto thing so bare with me.

I feel that the mobile phone apps are the best way for BC to gain traction and expand amongst the greatest population. Nearly everyone in this day and age has a smart phone.

Do you guys know the app Venmo? (If not: https://venmo.com/). It's an app that allows you to connect to your bank account and make and receive payments from friends. For example.. If I'm out getting dinner with friends and someone spots me, I can easily pay the person automatically through the app. It actually works like a charm.

One of the coolest things about this app is that it allows you to store money you have recieved from your friends on the in-app wallet. This money can be left in your Venmo account to pay back others later, which makes it more convenient than having a lot of bank account transactions. These account transactions take a FULL day, at least, to complete.

If someone was able to design an app where we could easily pay our friends with Blackcoin (e.g: "wanna split this case of beer" or "hey, lets split the gas on this road trip") and it was to be paid directly to our wallets I think we would have a potential product that could really catch fire. Especially amongst the younger, college generation. It's super convenient, and still takes out the bank as the middle man!!

Maybe there is some reason why this would not be capable with the way Blackcoin or other cryptos were made... I will admit I have little knowledge of the inter-workings of cryptos. It's a fun idea though.

Any thoughts would be appreciated.

-Turdle

hello and welcome aboard,

that is a nice description of some use-cases!
AFAIK people are working on an android wallet, this one could of course e.g. be linked with the phones personal address book so you could store the BlackCoin address for a contact and do exactly what you suggested.
Such a wallet could of course also be used for point-of-sale transactions (with QR code or similar) since the confirmation time is almost as good as the debit/credit/maestro card terminals (on a busy day those are really slow at times).

I never coded anything for a mobile phone and don't have an idea how much work it would be to keep such a thing safe, though.